Hasbro, Inc. $HAS Shares Sold by Legal & General Group Plc

Legal & General Group Plc trimmed its holdings in Hasbro, Inc. (NASDAQ:HAS) by 14.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 259,774 shares of the company’s stock after selling 44,297 shares during the quarter. Legal & General Group Plc’s holdings in Hasbro were worth $21,301,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Hasbro by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 16,976,679 shares of the company’s stock valued at $1,392,088,000 after acquiring an additional 453,038 shares during the period. State Street Corp increased its holdings in shares of Hasbro by 2.1% in the 2nd quarter. State Street Corp now owns 6,508,052 shares of the company’s stock valued at $480,424,000 after acquiring an additional 131,678 shares during the period. Bank of America Corp DE increased its holdings in shares of Hasbro by 21.9% in the 3rd quarter. Bank of America Corp DE now owns 3,633,213 shares of the company’s stock valued at $275,579,000 after acquiring an additional 651,790 shares during the period. AQR Capital Management LLC increased its holdings in shares of Hasbro by 30.9% in the 3rd quarter. AQR Capital Management LLC now owns 2,957,648 shares of the company’s stock valued at $224,338,000 after acquiring an additional 697,836 shares during the period. Finally, Samlyn Capital LLC increased its holdings in shares of Hasbro by 18.9% in the 3rd quarter. Samlyn Capital LLC now owns 1,546,304 shares of the company’s stock valued at $117,287,000 after acquiring an additional 245,721 shares during the period. 91.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Bank of America lifted their target price on shares of Hasbro from $113.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Weiss Ratings raised shares of Hasbro from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 14th. Wall Street Zen cut shares of Hasbro from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Wells Fargo & Company cut their target price on shares of Hasbro from $98.00 to $92.00 and set an “equal weight” rating on the stock in a report on Thursday, May 21st. Finally, DA Davidson reiterated a “neutral” rating and issued a $100.00 price objective on shares of Hasbro in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Hasbro presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.64.

Trending Headlines about Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Zacks Research upgraded Hasbro from hold to strong-buy, signaling improved analyst confidence in the stock’s outlook. Zacks.com
• Positive Sentiment: Hasbro also appeared on Zacks’ Strong Buy income stocks list, adding to the bullish analyst narrative around the name. Best Income Stocks to Buy for May 28th
• Positive Sentiment: A separate analyst-focused article highlighted that Wall Street analysts broadly view Hasbro as a buy, reinforcing expectations for continued support from the Street. Wall Street Analysts See Hasbro (HAS) as a Buy: Should You Invest?
• Neutral Sentiment: Entertainment coverage noted that Hasbro could benefit if Spider-Man dominates the 2026 box office, since a hit tied to major franchises can boost toy and licensing demand. If Spider-Man Wins 2026’s Box Office Crown, These Stocks Win Too
• Neutral Sentiment: Hasbro announced a new Star Wars action figure drop, which may support sales and keep its collectibles business in the spotlight. Massive Star Wars Action Figure Drop from Hasbro Delivers What Fans Have Been Waiting For
• Negative Sentiment: News that Hasbro’s Magic: The Gathering developers are pushing back against a return-to-office mandate with union efforts could create labor-related distractions and weigh on sentiment. Return-to-office mandate at Hasbro’s Magic division spark union effort

Hasbro Stock Performance

NASDAQ:HAS opened at $86.17 on Monday. The firm’s fifty day moving average price is $92.52 and its 200 day moving average price is $89.86. Hasbro, Inc. has a 1-year low of $64.85 and a 1-year high of $106.98. The company has a debt-to-equity ratio of 4.59, a current ratio of 1.65 and a quick ratio of 1.49. The firm has a market cap of $12.19 billion, a price-to-earnings ratio of -51.91, a price-to-earnings-growth ratio of 2.12 and a beta of 0.48.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Wednesday, May 20th. The company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.27. Hasbro had a negative net margin of 4.62% and a positive return on equity of 174.64%. The firm had revenue of $1 billion for the quarter, compared to analyst estimates of $969.20 million. During the same period last year, the firm posted $1.04 EPS. Hasbro’s quarterly revenue was up 12.7% on a year-over-year basis. On average, sell-side analysts expect that Hasbro, Inc. will post 5.96 EPS for the current year.

Hasbro Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Monday, June 1st will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Monday, June 1st. Hasbro’s dividend payout ratio (DPR) is -168.67%.

About Hasbro

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.